Exercise of Options

RNS Number : 0092W

Portmeirion Group PLC

13 August 2015

 

Portmeirion Group PLC

(the "Company")

Exercise of Options

13 August 2015

The Company announces that on 12 August 2015, Lawrence Bryan, Chief Executive, exercised options under The Portmeirion 2002 Share Option Scheme to subscribe for a total of 15,000 ordinary shares of 5p each in the Company ("Ordinary Shares") at an exercise price of £4.875 each.   Following the exercise, Mr Bryan holds an interest in 139,228 Ordinary Shares representing 1.29% of the issued share capital of the Company with voting rights.  The Company has transferred 15,000 Ordinary Shares from shares held in treasury in respect of the above exercise. 

Application has been made for 15,000 Ordinary Shares to be admitted to trading on AIM and trading of these shares is expected to commence on or around 19 August 2015 ("Admission").

Following Admission, the Company has 11,003,154 Ordinary Shares in issue, consisting of 10,758,134 Ordinary Shares with voting rights and 245,020 Ordinary Shares held by the Company in treasury. The figure of 10,758,134 Ordinary Shares may be used by shareholders of Portmeirion as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

ENQUIRIES:

Portmeirion Group PLC:
Dick Steele	[phone]	[e-mail]
Non-executive Chairman
Brett Phillips	[phone]	[e-mail]
Group Finance Director
Bell Pottinger:
Dan de Belder	[phone]	[e-mail]
Kashara Taylor	[phone]	[e-mail]
Panmure Gordon : (Nominated Adviser and Broker):	[phone]
Freddy Crossley / Duncan Monteith		Corporate Finance
Tom Salvesen / Maisie Atkinson		Corporate Broking
Cantor Fitzgerald Europe : (Joint Broker):	[phone]
Catherine Leftley/Marc Milmo		Corporate Finance
David Banks/Tessa Sillars		Corporate Broking

 

END

 

 

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